Wagner Early Childhood Inc

Analysis

Wagner Early Childhood Inc is a registered charity in United States, based in Wagner, SD. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wagner Early Childhood Inc reported income of $278k and spending of $327k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $278k (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wagner Early Childhood Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within SD. Charities of a similar size with the same main cause include Johnson County Friends Feeding Friends ($278k), Ladders to Leaders ($278k) and Visually Impaired Foundation of Georgia Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 61% of the total. Other salaries and wages came to $186k. At year end it held assets of $420k against liabilities of $553k, net assets of -$132k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.